The Dextoken protocol

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The Dextoken protocol uses speculative AMM to ensure the liquidity of the token pool and benefit DEXG (Dextoken Governance) token holders by rewarding them a portion of the transaction fee.

The speculative AMM is a universal price model that can evaluate the price of tokens based on volatility (proposed by the Flowchain foundation). The Dextoken protocol uses speculative AMM to ensure the liquidity of the token pool and benefit DEXG token holders by rewarding them a portion of the transaction fee. The purpose of the Dextoken protocol is to allow the blockchain network to calculate the theoretical token price.

DEXG SMART CONTRACT

Token name                                Dextoken Governance

Token Symbol                             DEXG

Theoretical max supply             200,000 - the theoretical maximum supply will never happed

Current circulating supply         30,500 - updated 2020.10.01

Initial price                                   0.5 USDT - the initial liquidity price at Uniswap

Token Contract                            0xb81d70802a816b5dacba06d708b5acf19dcd436d

Security auditing                         The audit report by Pessimistic showed no vulnerabilities in the DEXG smart contract.

No ICO. No presale                      DEXG didn't have ICO or presale. Everyone will obtain DEXG  tokens in the market price.

TOKEN DISTRIBUTION

DEXG provides 20,000 DEXG for initial liquidity offering to the community via Uniswap, and 2,000 - 140,000 tokens will be distributed by Staking Rewards.

The maximum supply of 200,000 DEXG is a theoretical value, and the real maximum supply will not reach the theoretical supply hard-cap of 200,000 DEXG.

LUNA STAKING ROUND

The LUNA round will distribute 5,250 DEXG as staking rewards.

This second staking round adopts a liquidity locked, staking model utilising our DEXG/USDC shared Balancer Pool.

STAKING ROUNDS

The staking reward distribution will span over eight rounds.

#                      Name                       Schedule                 Locked Period (Days)

Round 1       IGNITION                  September 2020                   7

Round 2       LUNA                        October       2020                   7

Round 3       CALYPSO                 November   2020                   7

Round 4       PANDORA                November  2020                    7

Round 5       PROMETHEUS        December  2020                    7

Round 6       HYPERION               December  2020                    7

Round 7       DIONE                      January      2021                    7

Round 8       TITAN                      January       2021                   7

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